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AoL 006: Helping Veterans Become Entrepreneurs with Joe Crane

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Breaking out of the Scarcity Mindset By Applying the Law of Abundance

“Whether you believe you can or believe you can’t, you’re right.” – Henry Ford

“Life is just a mirror, and what you see out there, you first see inside of you.” – Wally Amos

A Few Definitions:

(I’ll meet you on the other side of them.)

Law of Attraction:

States that you attract what you focus your attention on – whether positive or negative. Think of ways that the law of attraction affects your life right now. Do you regularly think of how you fail with the opposite sex? This will result in you continuing to fail.

The same is true of wealth, happiness, success in your career and anything else you focus on.

Your mind has the power to manifest that which you strongly believe. When you focus on something strongly enough, you make it a reality, so our goal is to harness that power to create a better life.

Law of Scarcity:

An economic system cannot produce all goods and services that consumers want, and most consumers do not have the resources to purchase everything they want. Furthermore, choices must be made about how limited resources (time, money, etc.) are used.

Law of Abundance:

A sub-law of the Law of Attraction. It states that there is enough wealth in the world for everyone to have enough money and resources to live fulfilling lives.

First Thing’s First

I want you to know that this particular post might be confusing. In fact, I’m writing the thing and I still find it confusing. However, if there’s anything I want you to get from this post it’s this:

“Whatever the Mind can see and believe, the Mind can achieve.” – Napolean Hill

Of Nature and Man

“The Creator did not intend for us to be scrubs, and certainly that is not the example that he sets for us.. The essence of the Law of Abundance is that we must believe in abundance.” – Sterling W. Sill

When the Founding Fathers made the Declaration of Independence, they wrote Man had certain Rights. Specifically they wrote, “they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” 

Now let me pose a question to you.

Since many of us believe that Natural Laws are how the Creator governs, wouldn’t it make since that what goes for Nature should be good for Man?

I’m not saying that we should go total caveman and not have laws that Man makes up as we go. Instead, I’m simply saying that Nature’s laws are the foundation of how the world works and Man’s laws fill in the gaps from there. We can’t change how Nature works – so why try?

Imperfect Laws of Man

If Nature is so abundant (which it is, take anything that produces fruit for example), why is it that we limit ourselves to a world of scarcity? I believe it’s because we choose not to live by Nature’s laws but instead, by Man made laws. (In fact, we’ve been moving farther and farther away from Natural Laws.)

The problem with doing that is because Man, as we know, is imperfect. And because he’s imperfect, he’s going to make imperfect laws. Most laws that we create will ultimately cause some other problem that we’ll have to create another law for OR we’ll have to get rid of the previous law all together (Prohibition anyone?).

Take the tax code for example. It could have started off simple but as years go by, it has gotten larger and larger. Why? Because tax, in itself, isn’t natural. So we’ve had to fill in ever smaller and smaller gaps.

Another man made law that’s obviously imperfect and that we’re all familiar with is segregation. Whoever thought that separating people because of their skin color was a good idea was just straight out wrong.

Scarcity is one of these laws as well. Does Supply and Demand makes sense? On the surface it might. I mean, as supply goes down, demand goes up. Wait a second. Was it that when demand goes up that supply goes down? That doesn’t seem right either.

Hmmm… well let’s take a look at an example we’re familiar with: gas prices.

A few years ago, gas was hovering at nearly $4 a gallon here in the States. This was because OPEC wanted as much money as they could get. Demand stayed the same, supply fell, thus the price rose. Ok. Makes sense for them to cut the supply from their perspective. However, now at $2.25 a gallon, we’re seeing OPEC produce like there’s no tomorrow. Why is that? Many sources say it’s because no one can agree on a universal price point. Others might say that they want to cripple other countries around the world including Russia, China, Canada, and the US.

Either way, it’s human intervention. Just by definition, it’s imperfect if not downright confusing!

(Actually, I might go out on a limb and say that Scarcity isn’t a law in itself, it’s actually a lack of law or lack of understanding in how the Law of Abundance works.)

Applying the Law of Abundance (or Attraction)

Now that we’ve looked at why Natural Laws are the laws that we should have high interest in following and why Man made laws are just plain ridiculous at times, let’s look at how we can actually APPLY the Law of Attraction in our lives.

For one, I’m not about to tell you that you simply need to focus on what you want in your life. If only it were that simple. I mean, I love Napoleon Hill, but dude, c’mon. Just thinking about something all day is called day dreaming. Besides the focus, you have to act.

So what kind of actions am I talking about?

First, you need to create a Vision Board (or have a REALLY good idea of what you’re looking for). Not sure how to make one? Next, you need to create a plan to get there. After that, you have to do that work. (If you’re just doing work to do work, then you better be following someone else’s plan or you might find yourself going in circles.)

Scenario 1 – The New Graduate: Let’s say you want to start simple at getting a good job out of school. What is it going to take to get you there? Four things: Good grades in college, a good resume and cover letter, and… NETWORKING! You’ve probably heard of all of these at some point and yes you have to do them all, but the one you really need to create a plan for is networking. If you’re desired job is to work for say… Facebook, how are you going to get there? It’s just not going to happen. Who do you need to talk to? Get that Vision Board going (start with a big ol’ picture of Facebook HQ) and then start working back to where you are now. This is going to involve research in who you should talk to and what job fairs you need to go to, but it’s totally doable.

Scenario 2 – Career Transition: Alright, you’ve had your first job and you want to make a larger impact. What next? Wait to be promoted? Leave the company? Start your own business? Join another startup first? There’s different ways you could go here. Let’s say we want to start our own business but we don’t know if we can handle it. Great, let’s join another startup for a couple of years and get some experience. (Hey, it’s what I did!)

Preferably, you shouldn’t join a company that does what you want to do. Otherwise, you might burn some bridges when you leave (if that’s your plan). But just like the first time, let’s get that job with a plan. Another thing you might consider here is if you want to be a full time employee or work as a 1099 contractor. As a full time employee you’ll have benefits, but you’ll have less options to do outside work. As a contractor, you’ll be in charge of ALL your taxes, but you’ll be able to write off expenses. There’s pros and cons in both.

Scenario 3 – Start Your Own Business: Time to start your own business! Some things to consider here: what kind of business is it going to be? How much would you like to be making? Are you looking at a deep foundation (like I am with New Inceptions)? Are there any similar businesses out there that you can model after?

These are all things you’ll need to think about. If there are similar businesses out there, see if you can’t do some research in how they got from point A to point B. If it’s an online business, use the Way Back Machine to see if you can get some clues in how they started. If you’re doing something new or just want a community to help you, you might want to consider joining Fizzle to help you out. If you’re planning on going old school brick and mortar, do some market research first. Is there an interest in your area of what you’re doing? Would it be best if you started elsewhere? Maybe start online first and then go brick and mortar? Lots of choices.

Either plan you go, you need to put in the work. And we’re here for you anytime you need help in figuring out the next step.

Homework:

So which scenario above best describes you? If you don’t think any of them do, let us hear what your particular situation is. Also, feel free to let us know how you’ve used the Law of Abundance (or Attraction) to get ahead in the past or how you’re currently using it!

AoL 004: Mixing Passions in with a Hectic Work Schedule with Sean Webster

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AoL 003: 6 Key Methods in Dealing with Frustrating People

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AoL 002: Don’t Let Your Past Dictate Your Future with Trin A’Marti

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AoL 001: Intro to the Team and Defining Millennials

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Tribute to Scott Dinsmore: Making Life Decisions with Your Dreams in Mind

“It’s insecurity that is always chasing you and standing in the way of your dreams.” – Vin Diesel

I heard the news last Tuesday night about Scott Dinsmore’s passing after I had published the last post. If you didn’t know who Scott was and what he was about, then you need to watch the above video just to get a glimpse into how he lead his life. Talk about passion.

There are many tribute pieces to him around the web from some of his closest friends.

So I’ll let them speak about what he personally meant to them:

Personally, I didn’t know Scott too much. I’ve learned more about him after his passing than I did when he was still around. I feel it is extremely unfortunate. I feel as if I have lost a friend that I didn’t get to know because we had such a similar passion in helping others release their inner passions.

I was going through his posts to get more of a feel for the guy. And I have to admit that this recent one struck me in particular:

How to Avoid Making the Wrong Big Decisions (like choosing the wrong path).

When it came to making big life decisions, he didn’t believe that you had to jump completely in. In fact, he believed that we should simply test the waters before we go all into big life decisions.

I couldn’t agree more.

Yet, some of us will find fault with even doing just that much. We might have chosen a path because that’s what we felt was ultimately the best choice based on personal bias and beliefs. Does that make it truly the best one for us?

The truth is while we want to choose the right path for us, we all have personal biases that will make it easier to stay on the path we are currently on. Many times that “auto-path” is dictated by external forces which don’t know or care about the life we’re trying to lead.

“If we don’t know what we’re looking for, we’re never going to find it.” – Scott Dinsmore

Seeing Life Decisions From Different Angles

We all know that sometimes we don’t feel like we’re free to just “do our own thing”. Especially when it comes to making decisions regarding our careers.

In fact, here are some thoughts you might be having which prohibit you from following your dreams:

  • I’m sacrificing my dreams so my kids don’t have to.
  • I’m doing this because it was what my parents always wanted to do, but didn’t get the chance to.
  • I chose this career, and damn it, hell or high water, I’m going to make it work!
  • I don’t want to waste MORE time getting ANOTHER degree!

Do any of these sound familiar? I know that I have several friends that subscribe to the first one. I know a few who claim the second. And I was definitely a candidate for the third and fourth reasons myself.

Are these actually true? Or are these self imposed restraints and beliefs that we’ve placed to protect ourselves from potential future “failures”? Where did we get these ideas? Were they from us or others?

To find out the best path in life for you, you need to be able to see the problem from multiple angles and even more specifically, how does it affect your overall life goals? Each one of the above statements could be reframed as a question in regards to your personal goals.

  • If I want to be a good role model for my kids, how is not following my dreams being a good example?
  • Is the world the same as it was when my parents wanted to have that role? Even so, why should I let them dictate what I do?
  • Am I letting my pride and ego get the best of me? Why can’t I be the next great story of someone making a big transition?
  • What if you’re wasting more time (and money) by not following your true gifts? Also, who said anything about getting another degree?

However, if you don’t know what you want out of life and your career, then you won’t ask yourself these types of questions.

With these questions asked, will you think differently about your situation? I’m sure you will. (In fact, these last two questions are what have helped set me free of my old path.)

It’s when you start asking questions like these and questioning the status quo on goals in life, whether or not your current path is working out for you or not. Don’t let your personal bias and your past dictate your future. Be open, present, and truthful with yourself when making big decisions.

Homework:

The next time you feel yourself thinking about a big life decision and coming to a conclusion, ask yourself if you looked at it from every angle you could think of in regards to it affecting your life goals.

Was it a signing up for a mini-marathon? Was it about getting more serious with your current significant other? Was it about taking a job that paid more?

Naturally, without knowing specific goals, these all seem like they would be good things in your life to do if you have the opportunity.

But that might not be the case:

If you sign up for a mini-marathon too late and unprepared, your body isn’t going to appreciate it. You just can’t wing it.

If you want to get more serious with someone you have conflicts with regularly… is that the best person you could get serious with?

If a job is going to pay more but it makes you relocate AND makes you work more hours – is that really helping you towards your goals and aspirations?

Next time you have a great opportunity, think more about how it affects the dreams that you’ve set out to achieve, and less about the immediate impact of it.